High volumes of paper passing through Accounts Payable departments can prove a serious administrative challenge. Approximately 50% of vendor invoices still exist on paper but organisations also have to deal with email invoices, PDFs Word documents, images, Excel spreadsheets and plain data files such as CSV. Implementing accounts payable automation can help save your business time and money, as well as removing a vast percentage of human error.
One of the many problems that Accounts Payable face is that the typical purchase-to-pay process is lengthy and involves a host of key documents, such as purchase orders, invoices and receipts, many of which need to be authorised or approved by individuals across an entire organisation. The whole process from start to finish is very time consuming, expensive to operate and prone to error, so it’s no surprise that one of the top business drivers is to improve process efficiency within AP departments.
AAC provides cost-effective accounts payable solutions that eliminate the problems that arise from receiving invoices at multiple sites, across different departments or via different media formats.
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